Spartanburg, SC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spartanburg, SC. Based on 10+ datapoints.
Spartanburg, SC Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-8.4%
Median Cashflow
-$473/mo
Avg Rent Estimate
$1,592/mo
Avg Price
$284,525
Price Range
$247,500 - $361,400
Rent to Price
0.56%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Spartanburg, SC
Spartanburg, SC is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 4% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Spartanburg, SC is -$473 with average rents of $1,592/month. Properties range from $247,500 to $361,400, offering entry points across multiple investment budgets.
Spartanburg, SC Rental Market Insights
- •Median cashflow is -$473/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Spartanburg, SC requires selective property picks
- •Mid-to-upper tier market with properties from $247,500 to $361,400
- •Early-stage market data — revisit as more properties are analyzed for stronger signals